Petroleum Industry Act

The House of Representatives (Reps) has resolved to investigate the rise in the cost of diesel and cooking gas with a view to cushioning the effects on Nigerians. This is sequel to a unanimous adoption of a motion by Rep. Chike Okafor…
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President Muhammadu Buhari has endorsed 18-month suspension of the removal of subsidy on Premium Motor Spirit (PMS). The Minister of State, Petroleum Resources, Mr Timipre Sylva, made this known at a special media briefing organised by…
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President Muhammadu Buhari has approved a committee to immediately commence the implementation of the Petroleum Industry Act (PIA). A statement issued by the President’s spokesman, Femi Adesina, said the steering committee, which has 12…
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